Here’s what’s happening in fastener industry news, recent acquisitions, and upcoming events the week of July 10, 2023.
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The Industrial Fasteners Institute announced it is starting the development of a groundbreaking new apprenticeship program for machine operators that will be recognized by the U.S. Department of Labor. The program will address the pressing issue of a workforce shortage in the fastener manufacturing industry. With an increasing number of skilled machine operators retiring each year transferring their knowledge and expertise to the next generation has become critical. IFI has partnered to develop the apprenticeship program with the Marshall University Advanced Manufacturing Center (MAMC) in West Virginia. For more info go to: https://www.indfast.org/
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Bulten has entered into an agreement to acquire all shares in Exim & Mfr Holdings Pte Ltd “Exim”, a Singapore-based distributor of fasteners and other components, for a purchase sum of approximately 66.3 million Singapore dollars. The acquisition affords Bulten a good platform to grow in new sectors, where the distribution stage is a pivotal sales channel. Read more:
Bulten Enters Agreement to Acquire All Shares in Exim & Mfr Holdings Pte Ltd
SFS has extended their market presence in the commercial construction industry in North America. SFS Group has acquired part of the business concerning fasteners and other products of Connective Systems & Supply, Inc. (CSS), which generated sales of $15 million in 2022. The business will be incorporated into the Triangle Fastener Corporation (TFC), which is part of the SFS Group. The acquisition enables SFS to strengthen its market position in the United States in the fast-growing region surrounding Denver, Colorado. Read more:
SFS Extends Market Presence in the Commercial Construction Industry in North America
In a recent press release from RX Global…Fastener Fair USA 2023 took place with great success May 16-17 in Nashville, TN. The event brought together industry professionals, exhibitors, and thought leaders from around the world creating an exceptional platform for sourcing, networking, learning, and more. The two-day event featured a diverse range of more than 200 exhibitors and attendance was up by 25% from 2022. Save the date for Fastener Fair USA 2024, taking place in Cleveland, Ohio May 22-23. Read more:
Fastener Fair USA 2023: A Resounding Success in Nashville, TN
National Fastener Distributors Association
The National Fastener Distributors Association (NFDA) recently awarded a scholarship for Fastener Training Week, an advanced fastener technical training program produced by the Fastener Training Institute. Scholarship applicants were evaluated based on the recommendations from their employers, personal achievements, work experience, and an essay. Congratulations, Garrett Wilson, sourcing and inside sales for NSK Industries.
The next deadline to apply for an NFDA Fastener Training Week scholarship is June 1, 2024. For more info go to https://www.nfda-fastener.org/
ATTN: Women in the Fastener Industry! LAST CALL for the WIFI Ann Bisgyer Wolz Scholarship. Applications are due today July 10th. Don’t miss this amazing opportunity to become a Certified Fastener Specialist with the Fastener Training Institute. To apply or join WIFI go to: https://www.fastenerwomen.com/scholarships
Take advantage of a $50.00 discount on your IFE 2023 registration. Use promo code: FND50
SPONSOR: Registration is open for the 2023 International Fastener Expo at Mandalay Bay in Las Vegas from October 9-11, 2023. The International Fastener Expo (IFE) is the ultimate business-to-business expo in North America for all things fasteners, machinery & tooling, and industrial products. Attendees can participate in special events like the IFE Annual Golf Tournament, the Welcome Reception Party, Keynote Speaker, informative sessions on the show floor. And the prestigious Fastener’s Hall of Fame & Young Fastener Professional Award Ceremony, where industry excellence is celebrated.
Get ready to network with fastener industry professionals from around the world, discover the latest innovations, and take your business to new heights. Register now Use promo code FND50 to save $50.00 on registration. Go to
SPONSOR: Tee off with fastener industry leaders and fellow enthusiasts at the highly anticipated annual International Fastener Expo Golf Tournament. This premier event provides an excellent opportunity to network, build relationships, and have a fantastic time on the greens. Whether you’re a seasoned golfer or just starting, this tournament promises a day of camaraderie, friendly competition, and unforgettable memories. Mark your calendars and practice your swing because this is an event you won’t want to miss! The tournament will take place on Monday, October 9th at the Bali Hai Golf Club. The IFE Golf Tournament presents an array of sponsorship opportunities designed to put your brand at the forefront. By sponsoring different aspects of the tournament, you can ensure maximum visibility to your target audience. Go to FastenerShows.com for registration and sponsorship opportunities!
Swing into Success: Unleashing Networking Opportunities at the 2023 IFE Golf Tournament
Mark your calendar for an upcoming webinar from the Fastener Training Institute, Understanding Fastener Technical Drawings scheduled for Thursday, July 20, 2023 11 a.m. to 12:30 p.m. PT. The webinar Instructor is Carmen Vertullo, Fastener Consultant and Trainer. The webinar will teach the fundamentals of drafting terminology and will examine actual fastener drawings and specifications, both the good and the bad. Attendees can send fastener drawing or specification illustrations in advance for explanation. For Register info go to: https://fastenertrainingevents.com/understanding-drawings.htm
2023 Southwestern Fastener Conference & Expo July 25th – July 27th | Houston, TX
Attendees will experience a site visit to Houston Fastener Manufacturing, a night at the ballpark as the Houston Astros take on the Texas Rangers, association conference, keynote speaker, industry table-top expo, lots of networking and a lively Round Table discussion with the SFA board to wrap it all up. To register and get more info go to: https://www.southwesternfastener.org/
Registration is OPEN for MWFA FSTNR Week which will take place in Chicago August 20-24, 2023!
Members and attendees will experience:
- A Bed Build event at Abbott Interfast to support the Sleep in Heavenly Peace organization,
- MWFA Member Plant Tours
- Print Reading Seminar
- the 41st MWFA Fastener Show
- Retro 80’s Fastener Bash
- MWFA 70TH Golf Outing & Mixer.
- For all the details and to register go to www.mwfa.net
Registration form: https://mwfa.net/pdf/2023/exhibitors.pdf
The Fastener Training Institute Announced Fastener Training Week will be held in Chicago on August 21st-25th, coinciding with the Mid-West Faster Association’s FSTNR Week! The Fastener Training Institute and the Industrial Fasteners Institute (IFI) continue their partnership to present Fastener Training Week — five intensive days of education and plant tours as part of the acclaimed FTI Certified Fastener Specialist™ (CFS) advanced technical training program. After completing this invaluable industry training in a small group environment and passing a final exam, attendees are eligible for the CFS designation. For more info go to: FastenerTraining.org
SPONSOR:
Join the Fastener Training Institute for an all-day training program at the International Fastener Expo! Fastener Fundamentals, The Nuts and Bolts for Fastener Professionals, will offer the best of the Fastener Basics Training and Certified Fastener Specialist™ Training programs. The one-day class will bring the basics of fasteners and beyond to industry professionals at the International Fastener Expo.
Take advantage of early bird pricing through October 7, 2023. Register now: https://fastenershows.com/fti-class/
Save the Date: Friday, October 6th for Manufacturing Day 2023. Celebrated nationally on the first Friday in October and throughout the month. MFG Day is manufacturing’s biggest annual opportunity to inspire the next generation, positively shift perceptions about our industry, and build the foundation for the manufacturing workforce of the future. For more info and to register your MFG Day 2023 event go to https://mfgday.com/
The stories featured in this week’s episode of IN THE NEWS can be found in our Twitter feed @FastenerNew, LinkedIn in the Fastener News Group!
If you would like to share your company’s news or events contact me, lisa@fastenernewsdesk.com. Thanks for tuning in to this week’s episode of ‘IN THE NEWS’ with Fastener News Desk. Until next week, be well and keep it fastenating.
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